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BATIC Co. announces that AMNCO Facility Management Co. (one of the subsidiaries of AMNCO, a subsidiary of BATIC) has signed a contract with Social Development Bank.
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1446/06/22 23/12/2024 09:54:08
| Element List | Explanation |
|---|---|
| Date of Announcement of the Award | 2024-12-22 Corresponding to 1446-06-21 |
| Contract Subject Matter | Maintenance and cleaning of the branches of the Social Development Bank |
| The Entity with Which the Contract was Signed | Social Development Bank |
| Date of Signing the Contract | 2024-12-22 Corresponding to 1446-06-21 |
| Contract Value | (26,996,537.46) Saudi riyals (including value-added tax for the entire contract period. |
| Contract Details | - Maintenance and cleaning of the branches of the Social Development Bank, with a total amount of (26,996,537.46) Saudi riyals (including value-added tax) and an implementation period of (3) years |
| Contract Duration | 3years from 01/01/2025 |
| Financial Impact and the Relevant Period | The financial impact of this contract will be positive on the company’s results throughout the contract period and it is expected to be reflected from the date it becomes effective. |
| Related Parties | N/A |
| Additional Information | AMNCO Facility Management Co. Ltd is considered one of the distinguished companies in providing facility management programs and support services, securing trained personnel, and providing integrated service solutions through a professional operational philosophy and specialized and integrated systems that are in line with international and local specifications and standards and with the highest level of operational performance, as well as working to reduce administrative and operating expenses, and limiting risks. It is worth noting that AMNCO Facility Management Co. is fully owned by Arabian Security & Safety Services Co. (AMNCO), one of the subsidiaries of BATIC |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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